For sale

$475,000

1001 Masters Place Way, Durham, NC 27703

2beds

1,776sqft

$3,211/mo

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Single Family Residence

Built in 2024

5,662 Square Feet Lot

$461,700 Zestimate^®

$267/sqft

$275/mo HOA

What's special

Gourmet kitchen upgradeTrash pulloutSpice pullout

This is a beautiful ranch home located in the Falls Village 55+ community. 2 Bedrooms 2 bath with an office. Gourmet kitchen upgrade with soft close doors and drawers in the kitchen, trash pullout and spice pullout. HOA includes lawn care and cable. Close to Hwy 70 and Brier Creek Seller is purchasing a home and will need to close before giving up possession.

155 days
95
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 2

Primary bedroom

Level: Main

Bedroom 2

Level: Main

Office

Level: Main

Heating

Forced Air, Natural Gas

Cooling

Central Air, Electric

Appliances

Included: Built-In Gas Range, Built-In Electric Oven, Built-In Range, Convection Oven, Dishwasher, Electric Oven, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood
Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup

Features

Flooring: Carpet, Luxury Vinyl, Tile

Interior area

Total structure area: 1,776
Total interior livable area: 1,776 sqft
Finished area above ground: 1,776
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Features

Levels: One
Stories: 1
Exterior features: Rain Gutters
Fencing: None

Lot

Size: 5,662 Square Feet

Details

Parcel number: 391
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Vinyl Siding
Foundation: Slab
Roof: Shingle

Condition

New construction: No
Year built: 2024

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Phone Available, Phone Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Golf
Subdivision: Falls Village

HOA

Has HOA: Yes
Amenities included: Clubhouse, Cable TV, Maintenance Grounds, Pool, Tennis Court(s)
Services included: Cable TV, Maintenance Grounds
HOA fee: $275 monthly
HOA name: Falls Village HOA / Elite Management Professionals
HOA phone: 919-233-7660

Location

Region: Durham

Financial & listing details

Price per square foot: $267/sqft
Tax assessed value: $442,891
Annual tax amount: $4,390
Date on market: 6/2/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA
Road surface type: Asphalt

Estimated market value

$461,700

$439,000 - $485,000

$2,288/mo

Price history

Date	Event	Price
6/2/2026	Listed for sale	$475,000+2.2%$267/sqft
Source: Doorify MLS #10171130 Report a problem
1/1/2026	Listing removed	$465,000$262/sqft
Source: Doorify MLS #10120848 Report a problem
10/7/2025	Price change	$465,000-2.1%$262/sqft
Source: Doorify MLS #10120848 Report a problem
9/10/2025	Listed for sale	$475,000+17.6%$267/sqft
Source: Doorify MLS #10120848 Report a problem
8/27/2024	Sold	$404,000$227/sqft
Source: Public Record Report a problem